Monetary Policy
Monetary Policy news
IMF warns that high food inflation could worsen for Nigeria, others
Rising food costs, according to the International Monetary Fund, is a major factor fueling inflation in Nigeria and other sub-Saharan...
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Nigeria’s VAT revenue drops to N500.5 billion in Q3 2021 as manufacturing sector leads
Nigeria generated a sum of N500.49 billion as value-added tax in the third quarter of 2021, representing a 2.3% decline...
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Food prices record slight increase in November as traders complain of low patronage
The price of rice, onions, yam, cooking gas, and pasta increased in November compared to the previous month as traders...
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Nov 2021 MPR: CBN retains MPR at 11.5%, holds other parameters constant
The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has voted unanimously to retain the benchmark interest rate...
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Nigeria’s GDP grows by 4.03% in Q3 2021 as oil sector contracts by 10.73%
Nigeria’s Gross Domestic Product (GDP) grew by 4.03% (year-on-year) in real terms in the third quarter of 2021, showing a...
Read moreDetailsCBN’s MPC holds MPR at 11.5%, maintains all other parameters
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the benchmark interest rate at 11.5%,...
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CBN holds MPR at 11.5%, other parameters constant
In its second MPC meeting of 2021, CBN votes to retain MPR at 11.5% and other parameters constant
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CBN retains MPR at 11.5%, holds other parameters constant
In its first MPC of 2021, CBN votes to MPR at 11.5% and other parameters constant.
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Consumers expect Nigerian economy to improve in Q4′ 2020 – CBN
Consumers’ confidence in the Nigerian economy in the 4th quarter has increased with indices of 10.1 points.
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CBN retains MPR at 12.5%
MPR, Cash Reserve Ratio (CRR), Liquidity ratio, and asymmetric corridor remain unchanged.
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